News And Announcements
Thames Water seeks to hammer customers with £228 annual bill increase
Under fire utility Thames Water - which has paid out billions in dividends to shareholders and faced criticism over leaks and pollution - wants to hit customers with a £228 annual rise in their bills.
Polestar appoints former Opel boss as CEO as Ingenlath resigns
Swedish electric car maker Polestar said on Wednesday that chief executive officer Thomas Ingenlath has resigned with effect from 1 October, to be succeeded by former Opel CEO Michael Lohscheller.
Kohl's lifts outlook after second-quarter earnings beat
Kohl's raised its annual profit forecast on Wednesday, after surpassing expectations for second-quarter earnings, driven by stringent cost management and reduced inventory levels.
Beowulf reports progress at Graphite Anode Materials Plant
Beowulf Mining updated the market on its Graphite Anode Materials Plant (GAMP) project on Wednesday, reporting progress in optimising its water treatment processes.
Foot Locker posts first comparable sales growth in six quarters
Foot Locker reported its first comparable sales growth in six quarters on Wednesday, marking a milestone in its ongoing turnaround efforts.
Hyundai Motor lays out ambitious goals for sales, shareholder returns
Hyundai Motor announced ambitious plans to increase its annual global sales by 30% to 5. 55 million vehicles by 2030 on Wednesday, with a significant focus on expanding its hybrid vehicle lineup.
Aquis Exchange confident despite loss of historic contract
Aquis Exchange updated the market on its recent trading on Wednesday, highlighting modest revenue growth, a strong cash position, and strategic investments aimed at expanding its technology division, although it warned of a £1m hit from the loss of a historic contract.
Ariana reports promising new drilling results from Salinbas
Mineral explorer and developer Ariana Resources released new drilling and geophysical survey results from the Hizarliyayla area within its Salinbas Project in Turkey on Wednesday.
Polarean appoints Xenon MRI specialist as chief medical advisor
Advanced MRI technology specialist Polarean Imaging announced the appointment of Dr Chase Hall as its chief medical advisor on Wednesday.
Bezant gets environmental clearance for Hope & Gorob extension
Bezant Resources announced the successful issue of an environmental clearance certificate (ECC) for licence EPL7170 on Wednesday, which is part of the Hope & Gorob Copper-Gold Project in Namibia.
Sunda Energy applies for two offshore Philippines licences
Sunda Energy announced on Wednesday that it has submitted applications for two offshore licence areas in the Philippines, as part of its strategic focus on expanding gas exploration in South East Asia.
EnQuest expands role in GKA decomissioning
EnQuest announced an expanded role in the decommissioning of the Greater Kittiwake Area (GKA) fields in the North Sea on Wednesday.
Lego's H1 profits grow as toymaker invests more in greener materials
Toymaker Lego announced an impressive set of first-half results on Wednesday, with both top and bottom lines expanding by double digits, as it continued to outpace industry growth and increase its market share.
Seeing Machines full-year revenue rises, losses widen
Driver monitoring technology company Seeing Machines reported a robust performance for the 2024 financial year in an update on Wednesday, with significant growth in revenue, expansion of its automotive programs, and strategic partnerships.
Firering reports progress at Limeco plant in Zambia
Firering Strategic Minerals updated the market on its ongoing refurbishment project at the Limeco quicklime plant in Zambia on Wednesday, reporting progress with the aim of starting phased production by the fourth quarter.
Naked Wines FY losses widen, makes 'significant strides'
Online wine retailer Naked Wines said it was "in much better shape" than it was twelve months ago despite posting widened full-year losses on Wednesday.
Gem Diamonds finds 130-carat stone in Lesotho
Shares in Gem Diamonds were given a boost on Wednesday after the Southern Africa-focused diamond miner announced the recovery of another giant gemstone from its Letšeng mine.
Ted Baker owner Authentic strikes deal to relaunch brand online
Ted Baker's owner and retail conglomerate Authentic Brands Group has announced a deal with its US partner to relaunch the brand as a pure-play online retailer later this year after its final bricks-and-mortar stores closed this week.
GSK upbeat on Zantac litigation development, Japan approvals
GSK announced a number of developments on Wednesday, firstly welcoming a decision from the Delaware Supreme Court to review a lower court ruling that allowed the introduction of expert evidence in the ongoing litigation over ‘Zantac’, or ranitidine.
Wood Group agrees sale of EthosEnergy, CEC Controls for $165m
Wood Group said on Wednesday that it has agreed the sale of two businesses for around $165m as part of its programme to dispose of non-core businesses.